Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.004%

Price spread now: Nado against Variational Omni+0.121%7-day average +0.077% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.265%+$26 · spread now +0.121%, 7d avg +0.077%

Together, before fees+0.267%+ Points / potential airdropVariational Omni: Active · Nado: Active · farm board+$27 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.044% dearer against Variational Omni than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.077%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni VVV	31.438	0.0100	pay 0.0050% / 4h	2h 34m	$2.1M	$184K	—
Short	Nado VVV-PERP	31.477	0.0100	get 0.0012% / 1h	34m 38s	$145K	$781K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee NadobpOrdersPrice spread, now +0.121%Rate

Funding earned: $0
Price spread: +0.121% → +0.077%: $4.39
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$2.61
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Nado: live order book, 53 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni RFQ quote, 4 min ago	3.35 bp	doesn't fit	72.6 bp −$726	doesn't fit	doesn't fit
Sell Nado live order book, 53 min ago	9.37 bp	13.4 bp −$13	36.5 bp −$365	doesn't fit	doesn't fit

VVV on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange VVVUSD	−0.0008%	1h	31.524	+0.272%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.469	+0.097%	$117K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.461	+0.072%	$90K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.471	+0.105%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.395%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0046%	4h	31.458	+0.062%	$1.3M	$1.7M	25x	as long as short
Polymarket Perps VVV-USD	+0.0054%	1h	31.448	+0.031%	$134K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.381	−0.183%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.514	+0.241%	$386K	$571K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.527	+0.282%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.511	+0.231%	$467K	$1.6M	5x	as long as short
Nado VVV-PERPshort	+0.0100%	1h	31.477	+0.121%	$145K	$781K	3x
Hyperliquid VVV	+0.0100%	1h	31.560	+0.387%	$72.0M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.494	+0.177%	$276K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.531	+0.295%	$187K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.521	+0.263%	$33.3M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.517	+0.250%	$38.8M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.532	+0.298%	$4.7M	$41.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.518	+0.253%	$10.7M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.535	+0.307%	$17.0M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.486	+0.151%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.513	+0.237%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.525	+0.275%	—	$5.4M	—	as long as short
Variational Omni VVVlong	+0.0100%	4h	31.438	long leg	$2.1M	$184K	—
Derive VVV-PERP	+0.0100%	1h	31.456	+0.056%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.426	−0.039%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.520	+0.259%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.517	+0.250%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.462	+0.075%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.380	−0.185%	$78K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0201%	1h	31.524	+0.271%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.456	+0.055%	$187K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0443% / S −0.0195%	1h	31.465	+0.084%	$538K	—	100x	as long as short